Know the Price Reduction Clause

Comply Now or Pay Later. This training will enhance your knowledge and understanding of the price reduction clause and provide a clear understanding on how to avoid penalties to your contract. What will I learn from this course? What is the price reduction clause and how it affects your business practices Understanding the Most Favored Customer and basis of award. Vendors are required to monitor all of their commercial pricing practices for items listed on GSA. Understand the Discount Relationship. What are the ramifications for not monitoring price reduction and good price monitoring strategies.